Twitter CEO says company has 'a truckload of money'

Twitter Inc. Chief Executive Dick Costolo said the short message social network has a "truckload of money in the bank" and would remain a private company for as long as it wants.

Alibaba.com shares surge on privatization bid

(AP) -- Shares of Alibaba.com rocketed on Wednesday after the Chinese e-commerce site said its parent company made a $2.5 billion privatization bid as part of a shift in business strategy that also includes plans to buy ...

Yahoo takes hit after Alibaba IPO filing

Yahoo shares tumbled Wednesday on concerns its stake in Alibaba may be worth less than anticipated following the Chinese online giant's stock market offering.

Foreign companies feel China targets them in investigations

Nearly half of foreign companies in China feel singled out in a wave of anti-monopoly and other investigations, and a growing number are deciding not to expand their investments, the American Chamber of Commerce in China ...

China clamping down on use of VPNs to evade Great Firewall

China is tightening control over foreign companies' internet use in a move some worry might disrupt their operations or jeopardize trade secrets as part of a crackdown on technology that allows web surfers to evade Beijing's ...

Investors lose out when investing in 'blank-check' SPACs

The more revenue growth a company projects when it announces it will be acquired by a special purchase acquisition company (SPAC), the more investors buy the SPAC's stockā€”and the less likely those projections are to come ...

Tencent investment in Reddit sparks censorship worry

Reddit confirmed Monday a new funding round that included a $150 million investment by Chinese technology behemoth Tencent, prompting concerns that "the front page of the internet" might wind up censored.

Russia threatens to block Facebook over data storage

In its latest attempt to wrest control of the Internet, Russia's communications agency on Tuesday threatened to block access to Facebook if the company refuses to store its data locally.

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